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NIO-SW Spikes 3%+; M Stanley Predicts Shr Price to Hike in 15 Days
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Morgan Stanley estimated that NIO-SW (09866.HK)'s share price will rise in the next 15 days, with a 70%-80% likelihood. The rating was Overweight, and the target price was $47.4.

NIO's share price received support as it ebbed back to the 10-day MA. It opened 2.31% higher this morning, peaking at $42.7 and recovering from yesterday's decline. It last posted at $42.5, up 3.53%, with 1.3819 million shares traded, involving $58.3372 million.

Related NewsM Stanley Expects NIO-SW (09866.HK) to Hike in Next 15D, Rates Overweight

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